Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0337%/8h= +36.9% APRpaid last 24h −0.012%
Price spread now: Injective against HTX+0.653%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.286%+$129 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.653% dearer against HTX than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETHFI-USDT0.7193−0.0303get 0.0152% / 4h58m 21s$83K$164K20x
ShortInjective ETHFI/USDC PERP0.72400.0033get 0.0004% / 1h58m 21s$321$51K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$70.73
Price spread: +0.653% → 0.000%
$65.34
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$124.05
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: live order book, 18 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 18 min ago13.29 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0305%1h0.7209+0.222%$42K$18K10xas long as short
HTX ETHFI-USDTlong−0.0303%4h0.7193long leg$83K$164K20x
Orderly PERP_ETHFI_USDC−0.0194%4h0.7206+0.181%$16K$1K10xas long as short
Extended ETHFI-USD+0.0024%1h0.7203+0.145%$93K$493K10xas long as short
MEXC ETHFI_USDT+0.0026%4h0.7206+0.181%$15.2M$3.8M125xas long as short
Binance ETHFIUSDT+0.0026%4h0.7205+0.166%$25.0M$37.2M75xas long as short
Injective ETHFI/USDC PERPshort+0.0033%1h0.7240+0.653%$321$51K5.5x
Paradex ETHFI-USD-PERP+0.0039%8h0.7205+0.171%$6K5xas long as short
Aster ETHFIUSDT+0.0083%4h0.7204+0.157%$184K$259K10xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7238+0.623%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7208+0.211%$1.1M$892K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7218+0.346%$18.3M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7209+0.222%$18.3M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7211+0.250%$4.9M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7211+0.250%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7206+0.181%$1.2M$273K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7204+0.153%$6.1M$5.7M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7209+0.222%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7199+0.084%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7207+0.193%$60K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7204+0.153%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0105%4h0.7192−0.014%$1.2M$293K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7198+0.070%$31K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0549%1h0.7215+0.311%$277K$156K20xas long as short